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air transport services group (AW8) Details

Air Transport Services Group, Inc., through its subsidiaries, provides airline operations, aircraft leasing and maintenance, and other support services primarily to the cargo transportation and package delivery industries. The company operates through two segments, ACMI Services and CAM. The ACMI Services segment provides airline operations to airlines, freight forwarders, and the U.S. Military. This segment offers aircraft, crew, maintenance, and insurance for specified cargo operations, as well as operates charter agreements. The CAM segment leases aircraft; and offers medium range and medium capacity airlift services. The company also provides support services, such as scheduled aircraft maintenance, line maintenance, and crew training services; flight simulator rental services; aircraft modification, repair, and overhaul services; facility maintenance and ground equipment rental services for aircraft support; and aircraft dispatch and flight tracking services. In addition, it is engaged in the resale and brokerage of aircraft parts; and operates mail sorting centers for the U.S Postal Service. As of December 31, 2013, the company operated a fleet of 55 aircraft, including 49 owned and 6 leased aircraft. It serves delivery companies, freight forwarders, airlines, and government customers in the United States and internationally. The company was formerly known as ABX Holdings, Inc. Air Transport Services Group, Inc. was founded in 1980 and is headquartered in Wilmington, Ohio.

air transport services group (AW8) Key Developments

Air Transport Services Group, Inc. Announces Changes of the Board of Directors

Feb 27 15

Air Transport Services Group, Inc. On February 25, 2015, James H. Carey, who serves on the board of directors of Air Transport Services Group, Inc. informed the nominating and governance committee of the board that he will not stand for re-election at the company's annual meeting of stockholders in 2015 and intends to retire from the board upon the completion of his current term at the Annual Meeting. Carey has served as a director of the Company since August 2003.

James H. Carey Plans to Retire from the Board of Directors of Air Transport Services Group, Inc

Feb 27 15

Air Transport Services Group, Inc. announced that James H. Carey, who serves on the board of directors of the company that he intends to retire from the board upon the completion of his current term at the annual meeting. Carey has served as a director of the company since August 2003.

Air Transport Services Group Provides Earnings Guidance for the Year 2014

Feb 12 15

Air Transport Services Group, Inc. anticipates that 2014 Adjusted EBITDA from continuing operations will be approximately $178 million.

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